FESTI N1 Hf

Festi: Buy-back programme week 42

Festi: Buy-back programme week 42

In week 42 Festi purchased in total  750.000 shares:

   Purchased PurchaseOwn shares total
WeekDateTimesharesShare pricepriceat end of day
       
4212.10.202009:54:13       150.000    149,0022.350.000 kr            6.445.407    
4213.10.202013:36:13       150.000    149,0022.350.000 kr            6.595.407    
4214.10.202013:09:57       150.000    151,5022.725.000 kr            6.745.407    
4215.10.202009:50:35       150.000    150,5022.575.000 kr            6.895.407    
4216.10.202009:44:33       150.000    150,0022.500.000 kr            7.045.407    
       
          750.000     112.500.000 kr 

This announcement of purchase of own shares is in accordance with the buy-back programme announced 4 October 2020 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 4.000.000 own shares or 1.2% of the issued shares, with the cap of 600 million ISK purchase price.

Before the purchase Festi held 5.645.407  shares or 1.70% of issued shares. Festi today holds 7.045.407 shares or 2.12% of issued shares.

The execution the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995 and annex II to the Regulation on insider information and market abuse No 630/2005.

For further information contact Eggert Þór Kristófersson, CEO of Festi hf., () and Magnús Kr. Ingason, CFO of Festi hf. ().

EN
17/10/2020

Underlying

FESTIN1 Hf

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on N1 Hf

 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Buyback program week 28

Festi hf.: Buyback program week 28 In week 28 2025, Festi purchased in total 150,000 own shares for total amount of 44,250,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase price288.7.202512:12:5050.00029414.700.000289.7.202514:43:3350.00029414.700.0002811.7.202511:16:4550.00029714.850.000   150.000 44.250.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and t...

July 14, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Endurkaup vika 28

Festi hf.: Endurkaup vika 28 Í 28. viku 2025 keypti Festi alls 150.000 eigin hluti fyrir 44.250.000 kr. eins og hér segir: VikaDagsetningTímasetning viðskiptaKeyptir hlutirViðskiptaverðKaupverð (kr)288.7.202512:12:5050.00029414.700.000289.7.202514:43:3350.00029414.700.0002811.7.202511:16:4550.00029714.850.000   150.000 44.250.000  Framkvæmd endurkaupaáætlunarinnar er í samræmi við lög um hlutafélög nr. 2/1995, 5. gr. reglugerðar Evrópuþingsins og ráðsins (ESB) um markaðssvik nr. 596/214, framselda reglugerð framkvæmdastjórnarinnar 2016/1052, samanber lög um aðgerðir gegn markaðssvikum nr. 6...

July 14, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Buyback program week 27

Festi hf.: Buyback program week 27 In week 27 2025, Festi purchased in total 165,000 own shares for total amount of 47,025,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase price2730.6.202513:13:5850.000285,0014.250.000271.7.202511:13:0740.00028511.400.000272.7.202511:07:3850.00028514.250.000273.7.202510:14:3925.0002857.125.000   165.000 47.025.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions D...

July 7, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Endurkaup vika 27

Festi hf.: Endurkaup vika 27 Í 27. viku 2025 keypti Festi alls 165.000 eigin hluti fyrir 47.025.000 kr. eins og hér segir: VikaDagsetningTímasetning viðskiptaKeyptir hlutirViðskiptaverðKaupverð (kr)2730.6.202513:13:5850.000285,0014.250.000271.7.202511:13:0740.00028511.400.000272.7.202511:07:3850.00028514.250.000273.7.202510:14:3925.0002857.125.000   165.000 47.025.000 Framkvæmd endurkaupaáætlunarinnar er í samræmi við lög um hlutafélög nr. 2/1995, 5. gr. reglugerðar Evrópuþingsins og ráðsins (ESB) um markaðssvik nr. 596/214, framselda reglugerð framkvæmdastjórnarinnar 2016/1052, samanber ...

July 7, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Notification regarding execution of a buyback program

Festi hf.: Notification regarding execution of a buyback program At the Annual General Meeting of Festi on March 5, 2025, the shareholders approved to authorize the Board of Directors, pursuant to Article 55 of the Act on Public Limited Companies No. 2/1995, to purchase up to 10% of issued shares in the company. The purpose of the program is to reduce the company‘s share capital and/or to enable the company to meet its obligations according to stock option agreements with employees. The Board of Directors of Festi has, based on this mandate issued by the Annual General Meeting, decided on ...

June 27, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch